Tag: China

Africa, in the eyes of some political analysts, has been an after-thought for Washington these last four years. But that’s not necessarily a bad thing; it speaks to the political and economic stability that dominates most of the 54 countries on the continent. That said, Biden will encounter a few major issues that may not test bipartisanship but will surely require more than an after-thought approach…

Now, with victory in hand, the Rajapaksa brothers, Gotabaya and Mahinda, must prove that they can re-claim Sri Lanka’s magic of the last decade…the landslide election victory did not miraculously change the country’s financial and economic situation overnight…

The impact and longevity of COVID-19 and low commodity prices are putting acute pressure on African economies and pushing some sovereigns close to default. Besides Zambia, which has already begun the process to potentially hire an advisor for a sovereign restructuring, Angola is becoming the country with the highest risk for a potential debt restructuring…

The light railway system in Addis Ababa provides a direct view into the successful and tangible economic diplomacy of China across the African continent….